rkbabang

Did Softbank hire someone from The Onion to produce their slides? That was great.

That's cool. I won't ask about your company just in case that could get you in trouble, but I'm curious to know what you think of the closest analog (bad pun), TXN? I don't own TXN, but my company is about 10% of my portfolio. I never buy my company either because my holdings come from stock rewards, but I do keep a certain amount rather than just selling everything. TI is a lot larger and less room for growth. And maybe I'm biased but I think where we do overlap our products are better. You are correct though about the analog space being fairly conservatively and intelligently managed. You could do worse than investing in either company. I've owned Synopsys before as well, and have been looking at them again recently, which is a design tools company that most of the chip companies use. An invest in the picks & shovels strategy.

Was it AMD? No. I still work at the company (or rather I should say, I now work there again), so I'd rather not say. Ticker does start with an A though. Followed by a D and an I. That team in Texas that was doing this no longer exists though, they didn't survive the 2000 crash. Oh, so you're an analog engineer. Nice. We should talk about that at some point. Also interesting how management in the space seems to be pretty rational about capital allocation.. Ha, that's a reasonable guess but no. I'm actually a digital design engineer who has always worked at analog companies. It's a small niche I've gotten into which has worked out very well for me over the years. It is actually hard to find digital guys with experience working on big-analog, little digital mixed signal chips. When you are the only digital guy working on a chip, you have to do everything from systems design, to RTL, to DFT, to all implementation and verification. When you talk to digital engineers from big digital companies they specialize in one or two narrow areas and don't have experience with the whole design process and tools from front to back.

Was it AMD? No. I still work at the company (or rather I should say, I now work there again), so I'd rather not say. Ticker does start with an A though. Followed by a D and an I. That team in Texas that was doing this no longer exists though, they didn't survive the 2000 crash.

Funny story about playing music. I'm a chip designer and the small group I was a member of in the late 90s was half in New England and half the people in Texas. This was inside of a very large US company, which is now a Fortune 500 company. Anyway the Texas half of the group had this idea that only musicians made good engineers, so whenever they interviewed anyone they would casually ask if they played any instruments and would only hire people who did. Word eventually got out that they were doing this and they were ordered quite strongly to stop it.

I used to play bass a long time ago (like mid 1980s to early 1990s) and fooled around with piano/keyboards, but wouldn't say I ever played keys all that well. I haven't picked up my bass in years but I still have all of my mid-1980s equipment: an Ibanez RB bass, Roland Juno 60 synth, and 3 Peavey TKO amps with 15" woofers (I used 2 wired together for my BASS and the other for my Juno 60). I played in a cover band in highschool and 1st 2 years of college and we played out a little in southeastern MA/providence RI area, but mostly just jammed for fun or at parties. I moved away for my 3rd year of college and haven't really played since.

I am pretty sure that fraud is pretty low on the totem pole of priories for startups in the land grabbing phase like Airbnb. I am sure they can solve it, but this is probably reserved for later. For credit cards, I found Chase and Amex to be very good at fraud detection. In two cases, my wife’s Chase card was apparently skimmed and used for a small test charge (~$1), which they immediately detected as a fraud, despite the fact that it was done in relative proximity to our home location. Same with Amex in one incidence. Yes the credit card companies are on the ball. I've been alerted by them of fraudulent charges on my account before I've noticed them on 2 occasions. Although I did cancel my Citibank card after I was scammed while traveling in Mexico and Citibank took the side of the company that scammed me and didn't reverse the charges. I had that card since college so almost 20 years and I cancelled it, telling them that I'd never do business with Citibank again. And I never will. It was only a few hundred dollars, but I paid for a tour that was never provided to me (they never came to pick us up, but claimed that it was us that never showed up) and it is the principle of the thing. Citibank believed the scammers over a long time customer. I was outraged. Fck Citibank. My reaction is why I don't like the idea of people being scammed on airbnb, because I know if I was and Airbnb sided with the scammers that I would never use it again as long as I lived.

I realize that this would be difficult for a small company. But you'd think a company the size of airbnb would have a fraud department which would look into hosts accused of defrauding them by guests. Certainly after multiple guests accuse the same host. Algorithms could also have found that the same pictures were being used by two different hosts in their listings (in the article) and one was leaving reviews for the other. As a new airbnb host myself this makes me a little angry that airbnb doesn't do a better job weeding out the fraudsters that make the whole system less trustworthy. I'm sure many unhappy victims of fraud won't even consider using airbnb at all afterwards.

https://www.facebook.com/727112640965912/posts/925646951112479?vh=e&sfns=mo

:) No problem. If you search for "bulletin board code" you can get options for any of the tags. Like this page: https://www.solveigmm.com/forum/index.php?action=help;area=bbcode

You can put size tags on it. img width=400 or something like that. Example here is a picture with width=400: here it is with no width tag:

I'm sure "a hungry herd of as many as 500 goats" can clear a lot of land!

Thanks Sanjeev for Making the Corner Great Again. Can't wait for the MCGA hats!

The number is arbitrary. The important part is that there is a limit, it isn't important what the limit is. No one will ever know how many bitcoin are lost forever, but everyone will always know the max amount possible to exist. That was the intent and it is not impaired in any way. The important part is that there is a MAXIMUM 21M token, and that it CANNOT increase. The 21M cap means no inflation, and a minimum price supported by utility - as when no new coin are being issued; to pay the miner you must either already have the coin, or buy it from someone else. With < 21M token available for circulation (less supply), this minimum price will be higher than the designers intended it to be (impairment). Alternatively, if additional token are issued to compensate for those 'lost' ; the change evidences that 21M is not a hard cap, and destroys the no inflation feature. Impairment. Bitcoin was designed as a trustless payment system, and reflects the cyberpunk libertarian ethos of its founders - all good. The problem is that the ultimate 'practical' libertarians are the criminal element!; hence the historic widespread 'Silk Road' involvement, and the more 'practical' security surrounding Bitcoin. Combine Bitcoin, with Chicago Bitcoin Futures and Options, and you literally get perhaps the 'safest' currency on the planet - provided the 21M cap doesn't change (preventing inflation) ;) There are multiple non-banking payment systems in the world. Most would expect market forces to drive consolidation into Bitcoin. There are also multiple banking payment systems, and most would expect market forces to ultimately drive consolidation into a handful of central bank coin used for global settlement. Bitcoin vs Central Bank, and very Yin/Yang. The payment system (Bitcoin), and its record (Block-Chain), are not the same thing. Smart-Contracts are just an application, running off the Block-Chain record; that allow us to automate transactions (payments). Allowing the automation of the factory, to be brought to the services industries. Disruptive change. Limitations in the block-chain record (incomplete history) are impairments that have to be adjusted for. Opening all kinds of practical solutions. SD You keep reiterating that immutable isn't complete. Immutable doesn't mean complete and no one thinks it does. You do realize that there is no such thing as complete information (see quantum mechanics). Immutable simply means whatever information is stored, can't be changed later.

This could be true. But what I've found personally is that it is really really easy to just never start smoking at all. I mean, I've been not starting smoking my entire life and it's taken me literally zero effort.

Both of my parents quit cold turkey when I was young and my father was smoking 3 packs per day. My wife quit cold turkey as well before we had kids. Although she only smoked for 4 years or so before quitting. It is possible to quit.

The number is arbitrary. The important part is that there is a limit, it isn't important what the limit is. No one will ever know how many bitcoin are lost forever, but everyone will always know the max amount possible to exist. That was the intent and it is not impaired in any way.

:o IDK, airlines kill people by accident, occasionally, but Altria does it on purpose every day. --- I still think Bucees would be a nice little purchase that could be expanded on. The one that just opened at the Baldwin Beach Express, near Loxley, AL, is huge. They prohibit 18 wheelers & they're mobbed up every time I've stopped in. https://www.buc-ees.com/index.php --- Too bad he didn't get WhatABurger. I never see discount coupons for them. They don't need to run specials. https://www.nytimes.com/2019/06/20/us/texas-whataburger-chicago.html https://fortune.com/2014/12/29/byron-trott-billionaires-banker/ Correction: Altria provides the substances needed for people who choose to kill themselves to do so everyday. It might seem like a small distinction, but it makes all of the difference. Anyone can choose to not be in danger of being killed by Altria. (I recently bought MO at $40.) It amazes me that WFC is under so much pressure from legislators for opening some checking accounts with 0 balances, yet cigarettes companies selling an addictive product that kills people are allowed to exist. (Also bought MO at 40 and doubled at 43. But is still trying to convince my conscience that I shall double again my holdings) Whatever the distant past was like, everyone knows what the deal is with tobacco today. No one is buying it and using it thinking that it is healthy. That's why I have no problem owning it. Also they should leave WFC (which I also own) alone.

What does this have to do with what keys have spend access to which Bitcoins? No impact on the proof of ownership. Big impact on the aggregate block-chain record. The current record says there are 18M coin outstanding, and available for transacting. But of course if you lost your key ... they are outstanding, but not available for transacting - a permanent impairment against the Bitcoin design limit of 21M coin. SD Easily taken care of by supply and demand. Bitcoins are currently divided into 8 decimal places. It could be forked to add more. There is no difference on any given day from me not selling my BTC because I am hodling and not selling them because I lost the key. There is a supply available at any given time and a demand for them. The price will fluctuate accordingly.

What does this have to do with what keys have spend access to which Bitcoins?

:o IDK, airlines kill people by accident, occasionally, but Altria does it on purpose every day. --- I still think Bucees would be a nice little purchase that could be expanded on. The one that just opened at the Baldwin Beach Express, near Loxley, AL, is huge. They prohibit 18 wheelers & they're mobbed up every time I've stopped in. https://www.buc-ees.com/index.php --- Too bad he didn't get WhatABurger. I never see discount coupons for them. They don't need to run specials. https://www.nytimes.com/2019/06/20/us/texas-whataburger-chicago.html https://fortune.com/2014/12/29/byron-trott-billionaires-banker/ Correction: Altria provides the substances needed for people who choose to kill themselves to do so everyday. It might seem like a small distinction, but it makes all of the difference. Anyone can choose to not be in danger of being killed by Altria. (I recently bought MO at $40.)

Many ways: loss of private keys, low time preference changes in societies, Cantillon Effect, etc. There will certainly be some of that (there already has been). Like a corporation burning shares. The remaining ones become more valuable. If you don't want that to happen to you, just keep your key safe and provide some way to let your heirs know where it is and then these effects will benefit you not harm you.

Exactly. There ain't no such thing as a free lunch. I can see BTC being used to close on houses, buy cars, or send money overseas, but not an iced tea and a candybar at 7-Eleven. Other systems will certainly be built on top of Bitcoin, indeed they are already being built on top of Bitcoin, but if they are fast and easy, they won't be as safe.

Central bank "involvement" means "control". If central bankers can issue digital currency, what is the point? I can already use ApplePay to easily and instantly transfer a central-bank inflated currency to buy stuff. The other people who don't want central bank "involvement" are people who don't like letting politicians and bankers steal a portion of all the wealth in society every year through inflation. The entire point of cryptocurrency is not letting that happen. People who actually want central bank "involvement" are missing the entire point altogether.

No. It is just that: "Is the Earth warming?", "Are humans the cause of the Earth warming?", "Is it bad if the Earth warms?", and especially, "Are the governments of the world the best entities to deal with the Earth warming?" are all very different questions. Libertarians answer "No" to the last one, even if they answer "Yes" to one or more of the first 3. Liberals go directly from "Is the Earth warming?" to "OK great! Governments need more power, money, and control!".